Sierra Club: Michigan Public Service Commission Warns AEP That It Will Limit Costs to Customers for Uneconomic Coal Plants
November 19, 2021
November 19, 2021
COLUMBUS, Ohio, Nov. 19 (TNSPol) -- The Sierra Club issued the following statement on Nov. 18, 2021:
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In a final order issued today, the Michigan Public Service Commission (PSC) ruled the Ohio Valley Electric Corporation (OVEC) contract costs Indiana and Michigan Power (I&M, an AEP subsidiary) sought to charge Michigan customers are likely to be disallowed in all future proceedings. Michigan customers will no longer have to pay I&M's OVEC costs that exceed . . .
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In a final order issued today, the Michigan Public Service Commission (PSC) ruled the Ohio Valley Electric Corporation (OVEC) contract costs Indiana and Michigan Power (I&M, an AEP subsidiary) sought to charge Michigan customers are likely to be disallowed in all future proceedings. Michigan customers will no longer have to pay I&M's OVEC costs that exceed . . .